Marine & Cargo

India considers US$1.5bn reinsurance fund to support insurers amid Gulf tensions — report

April 8 2026

If approved, the proposal would represent a further insurance support measure as geopolitical risk continues to weigh on India’s market.

Singapore reinsurance profits collapse in Q4 as incurred losses surge 98%

April 7 2026

Offshore reinsurance swung into a SG$2.9m loss, while smaller onshore operations remained profitable amid a 49% property premium surge.

CMB Wing Lung's revenue falls in 2025 but net combined ratio holds below 90% — AM Best

April 6 2026

The Hong Kong non-life insurer's A (Excellent) rating and stable outlook remain intact as strong capitalisation and rising investment returns offset a soft, competitive market.

Specialty lines 'shaped' by Middle East conflict at 1/4 renewals — Guy Carpenter

April 6 2026

Reinsurance rates fell across Asia at the 1 April 2026 renewal, with Japan and India leading price reductions.

DFC adds six new insurers to Gulf maritime facility, doubles capacity to US$40bn

April 6 2026

Liberty, Berkshire, AIG, Starr, Travelers, and CNA join the facility, while Chubb retains its role as lead underwriter.

Fitch assigns Indonesia's Candi first-time national IFS rating of 'A-(idn)'

April 3 2026

Insurer, which commenced operations in 2020, holds an approximate 0.3% non-life market share, with a three-year average COR of 97%.

Steamship Mutual names Eric Wu as managing director for Greater China

April 2 2026

He has been with the company for 16 years, most recently as director and head of underwriting, Eastern Syndicate.

Rokstone appoints Jackie Lan as marine underwriter

April 2 2026

She brings experience in marine hull and liability insurance across Asia and the Middle East.

aon-expands-nick-chapmans-remit-to-lead-marine-risk-engineering-in-asia

Aon expands Nick Chapman’s remit to marine risk engineering lead, Asia

April 1 2026

Chapman will continue as head of cargo for Asia alongside his new responsibilities.

aon-taps-nazirah-din-taouk-as-asia-regional-director-for-marine

Aon taps Nazirah Din Taouk as regional director for marine, Asia

April 1 2026

Taouk joins after six years with rival Marsh, bringing a legal background and extensive experience in marine claims and advocacy roles.

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